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QUESTION 25 An investor's portfolio with a beta of 1.50 is worth $1 million. The current S&P500 price is $2000. The current price on the

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QUESTION 25 An investor's portfolio with a beta of 1.50 is worth $1 million. The current S&P500 price is $2000. The current price on the S&P500 futures teach contract is on 550 times the indeos 52400. How many futures contracts will the investor need and what position will he/she take to completely hedge away the markets impact on the portfolio? Short 13 Contracts Long 13 Contracts Long 2 futures contracts Short 2 futures contracts

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